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This country really needs to implement the "fair tax"
It is tax time and for most self-employed professionals this means you probably have to write 2 big checks. I know I do. One big check to the IRS for income taxes owed and another big check to my CPA for preparing my corporate and personal tax returns. I love my CPA. Don't get me wrong, he and his staff are great. But I hate having to pay him well over $1000 to prepare my stinking tax returns. Ugggghhh!!!
There has got to be a simpler way. I spend at least 1-2 hours every week keeping track of my books and receipts. Then tax time comes and I have to spend another full day+ making sure all my data is the way it needs to be. Then I take it to the CPA, he prepares pro-forma tax returns, I review them, send back changes, and then we send them to the IRS. On top of that each quarter, I have to send in payroll reports to the IRS and pay my CPA to handle that as well.
I am sure there are cheaper and possibly easier ways to handle this, but the point is .... why the heck does every taxpayer have to ... more
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